I think you've got two seperate things colliding here to make things appear worse than they are...
Firstly Dreamworld knows they are in the crap, they weren't doing well before Covid and public perception was at an all time low. So they HAVE to plow ahead with everything they had planned to try and get a bumper summer and turn the place around.
Then you have Village who were doing extremely well prior to covid, a very sound company. And one that has just been bought by a company with financials first and foremost at the front of their mind. Now we have the biggest downturn in trading since the extended closure of 2020, I'd almost hazard a guess being open loses them money. So they've pulled back their spending to try and keep the balance sheet in check. Then when the people flock back they can kick all their plans back into gear and look good in the books, because regardless they'll have solid trade coming in simply due to their solid brand position in the market.
So you simultaneously have Dreamworld being desperate, and Village being cautious which make Village look a bit on the decline from the outside.
I'd say once the tourist floodgates open again they'll swing back into full gear